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A recap of what 2015 looked like for letting agents and what to expect from 2016

The private rented sector has consistently accelerated over the past few years; back in 2014 the Intermediary Mortgage Lenders Association predicted that if the market trends continued over 50% of UK homes would be rented by 2032. While this is good news for you letting agents, that growth also comes with additional rules and regulations […]

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Tenant Rent Arrears Falling

Rent Guarantee Insurance Reduces Landlord Rent Arrears Worry Private rental sector rent rises slowed down in May and even tenant rent arrears are falling as more landlords use Rent Guarantee insurance to protect the rental income. According to LSL property services, the UK private rental sector (PRS) is still growing, with the number of new tenants […]

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A Third Of Tenants Will Never Own Property

  Good news for private sector landlords as business will continue to boom!   The post war “must be a homeowner” mentality of our parents has been replaced with the more modern paradigm of our neighbours on the Continent, “rent for life” Whilst our forebears wanted to own property for a sense of security and […]

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Fast, Accurate And Efficient Tenant Referencing

Legal 4 Landlords tenant referencing services are fast, reliable, accurate and 100% secure Legal 4 Landlords pioneering tenant referencing system is more advanced and more efficient than any other tenant referencing system available. Legal 4 Landlords fully online system is faster and more accurate than ever before with the ability to track and manage all […]

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Advice For Landlords Dealing With Tenant Issues

UK landlords are considered to be service providers, offering their rental property assets as suitable homes for people looking to rent property in the private sector. However, there are times when being a landlord can appear to have a few drawbacks, so we would like to offer landlords a little advice on dealing with some […]

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Use Tenant Referencing To Avoid Housing Illegal Immigrants

Government want landlords to use tenant referencing to ensure tenants in the Private Rented Sector are not illegal Immigrants Government ministers want to use the comprehensive tenant referencing system used by good and honest landlords to ensure tenants in the Private Rented Sector (PRS) are not living in the UK illegally. The government are already working […]

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2013 Busy Year For Buy To Let

It looks like 2013 could be a very busy year for UK Buy-To-Let, according to the Association of Residential Lettings Agents (ARLA). The average number of rental properties owned by BTL landlords rose from 7 to 8 in the final quarter of 2012, and the market expansion looks set to continue throughout 2013 as better […]

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Landlords Use Property For Retirement

A greater proportion of residential property owners struggling to sell their existing properties are taking a leaf out of the portfolio landlords book and are choosing to offer their properties for rental purposes in the UK private rental sector (PRS), in order to provide adequate finances for their retirement. Of the single property owners choosing […]

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Tenants In Severe Rent Arrears Reduced

The number of tenants in severe rent arrears declined by 15.6% during the final quarter of 2012, according to data released by Templeton LPA, part of the LSL Property Services group. The data indicates that in the last quarter of 2012, almost 16,000 fewer tenants faced severe rent arrears of more than 8 weeks rental […]

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Global Franchise Opportunity

Legal 4 Landlords Have A Business Opportunity To Offer… The UK‘s leading provider of specialist services to landlords and the letting industry -Legal 4 Landlords, are expanding their UK franchise network and are also seeking enquiries from international clients who want to discover how to offer world class products and services. Legal 4 Landlords already […]

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UK Property Rents Still Climbing

PRS Rents Soar To New Record Highs! UK landlords have been urged to take action to protect rental income as a new survey reveals private sector rents have risen to a new record high this year. The research carried out by LSL Property Services has revealed that property rental prices in the UK private rental sector (PRS) have […]

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Professional Landlords See Rental Yields Increasing

UK Landlords with Rent Guarantee insurance have reported an increase in rental yields during the second quarter of 2012. The latest Private Rented Sector (PRS) Trends Survey, commissioned by specialist Buy-To-Let mortgage lender Paragon, has revealed that UK landlords achieved an average rental yield of 6.5%. This is an increase of 0.3% from the 6.2% […]

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Universal Credit Scrap Direct Payment For Landlords

A landlord’s right to receive direct rent payments from a local authority for tenants in receipt of Local Housing Allowance (LHA) or Housing Benefit (HB) will be scrapped under the proposed new Universal Credit (UC) benefit system. Therefore it is widely predicted that even more landlords will potentially withdraw from the LHA market as there […]

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Tenants Want More Professional Landlords

NEW research from ARLA shows that the UK is still feeling the economic squeeze and desperately trying to avoid any fallout from the ongoing Eurozone financial meltdown, as more and more tenants are struggling to pay their rent. 41.2% members of the Association of Residential Letting Agents (ARLA) reported an increase in the number of […]

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Landlords Still Worried About Energy Efficiency

More than 17% (1 in 6) of UK PRS landlords reckon that some or all of the properties in their rental portfolio’s fall into the lowest Energy Performance Certificate categories, with an F or G rating, meaning that they could end up being banned from the rental market. From 2018 under the Government’s Green Deal […]

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